SOURCE: Emptoris, Inc.

Emptoris, Inc.

September 30, 2010 16:44 ET

Emptoris Positioned as a Leader in Independent Research Report on Services Procurement

BURLINGTON, MA--(Marketwire - September 30, 2010) -  Emptoris, Inc., a leading provider of strategic supply and enterprise contract management solutions, today announced that Forrester Research, Inc., a leading independent research and analysis firm, has ranked Emptoris as a "Leader" in the research report titled, The Forrester Wave™: Services Procurement, Q3 2010. Emptoris was ranked for leadership for both its current product offering and overall services procurement strategy. The report reviewed eleven services procurement software solution vendors evaluating them on 100 criteria, and ranked Emptoris as a "Leader" in the market. Emptoris was also the top ranked company in terms of product "Strategy" according to the report -- and received high marks for both its "global presence" and current "implementations." 

Emptoris is offering a complimentary copy of The Forrester Wave™: Services Procurement, Q3 2010 report on its website at www.emptoris.com/forresterwave/sp.

"Emptoris' continued recognition in independent research reports such as the Forrester Wave for Services Procurement is driven by the success of the Fortune 1000 companies utilizing our solutions. Those global companies that leverage Emptoris Services Procurement to manage their contingent labor and professional services are the greatest testament to the financial and operational impact these solutions can have on an organization," said Seth Wolins, General Manager, Services Procurement at Emptoris, Inc.

According to the Forrester report, "Companies can realistically expect to reduce costs by 5% to 10% by implementing a tool to automate, centralize and report on the services procurement process. The most commonly reported cost reductions come through better rate negotiations, volume discounts, and early payment arrangements. Cycle time reductions (in requisitioning, invoicing and payment, and on-boarding) can also lead to additional savings..."

In evaluating the "Current Offerings" Forrester examined current features and functions and "evaluated how well the product supports international requirements, project budgeting and reporting, compliance, complex rate structures, out-of-the-box performance metrics, and configurable workflow setup. Forrester also investigated deployment and pricing models, as well as the product architecture." 

In terms of "Strategy," Forrester "evaluated the vendor's long-term strategy and the planned enhancements to the tool" as well as "the vendor's partnership strengths with systems integrators and other software providers and at its standards support and integration capabilities."

Emptoris is also consistently recognized by independent research firms as providing the market's most robust and proven strategic supply management and enterprise contract management software solutions. Last year, Emptoris was ranked a "Leader" in the Forrester report titled, The Forrester Wave™: eSourcing, Q1 2009. The Emptoris spend analysis, sourcing, services procurement, supplier risk analysis and contract management solutions are used by Fortune 1000 companies across every industry and in more than 90 countries.

The Emptoris Services Procurement Solution is the market's most widely-used contingent and professional services procurement solution. More than 200,000 employees at leading global companies use the solution to find, evaluate, purchase, manage and pay for all types of services including business process outsourcing, facilities management, temporary labor and IT consulting.

For a complimentary copy of The Forrester Wave™: Services Procurement, Q3 2010, visit www.emptoris.com/forresterwave/sp.

About Emptoris
Emptoris is a world leader in strategic supply and enterprise contract management software solutions that empower enterprises to realize best value and accelerate profitable growth. Emptoris solutions are used by successful Global 1000 companies in every industry. Emptoris customers include American Express, Boeing, ConocoPhillips, GlaxoSmithKline, Kraft, Motorola, Syngenta and Vodafone. For further information on Emptoris, visit www.emptoris.com.

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